Ministry of Commerce & Industry
INDEX OF EIGHT CORE INDUSTRIES  FOR MARCH, 2021
The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of March, 2021.
The combined Index of Eight Core Industries stood at 143.1 in March, 2021, which increased by 6.8  per cent as compared to the Index of March, 2020. Its cumulative growth during April to March, 2020-21 has been  7.0%.
Final growth rate of Index of Eight Core Industries for December 2020 is revised to 0.4% from its provisional level  1.3%. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production . Details of yearly and monthly index and their growth rate are provided at Annexure I & II.
Monthly growth rate of Index of Eight Core Industries  is depicted in the graph:Provisional
The summary of the Index of Eight Core Industries is given below:
Coal - Coal production  declined by 21.9 per cent in March, 2021 over March, 2020. Its cumulative index declined by 4.8 per cent during April to March, 2020-21 over corresponding period of the previous year.
Crude Oil - Crude Oil production  declined by 3.1 per cent in March, 2021 over March, 2020. Its cumulative index declined by 5.2 per cent during April to March, 2020-21 over the corresponding period of previous year.
Natural Gas - The Natural Gas production  increased by 12.3 per cent in March, 2021 over March, 2020. Its cumulative index declined by 8.2 per cent during April to March, 2020-21 over the corresponding period of previous year.
Petroleum Refinery Products - Petroleum Refinery production  declined by 0.7 per cent in March, 2021 over March, 2020. Its cumulative index declined by 11.2 per cent during April to March, 2020-21 over the corresponding period of previous year.
Fertilizers - Fertilizers production  declined by 5.0 per cent in March, 2021 over March, 2020. Its cumulative index increased by 1.8 per cent during April to March, 2020-21 over the corresponding period of previous year.
Steel - Steel production  increased by 23.0 per cent in March, 2021 over March, 2020. Its cumulative index declined by 9.5 per cent during April to March, 2020-21 over the corresponding period of previous year.
Cement - Cement production  increased by 32.5 per cent in March, 2021 over March, 2020. Its cumulative index declined by 11.9 per cent during April to March, 2020-21 over the corresponding period of previous year.
Electricity - Electricity generation  increased by 21.6 per cent in March, 2021 over March, 2020. Its cumulative index declined by 0.6 per cent during April to March, 2020-21 over the corresponding period of previous year.
Note 1: Data for January, 2021, February, 2021 and March, 2021 are provisional.
Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled  under the item ‘Cold Rolled  coils’ within the production of finished steel has also been included.
Note 5: Release of the index for April, 2021 will be on Monday 31st May, 2021.
Annexure I
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
2020-21|
|
Coal
|
|
10.3335
|
|
103.2
|
|
104.2
|
|
112.6
|
|
118.0
|
|
121.8
|
|
124.9
|
|
134.1
|
|
133.6
|
|
127.3
|
|
Crude Oil
|
|
8.9833
|
|
99.4
|
|
99.2
|
|
98.4
|
|
97.0
|
|
94.5
|
|
93.7
|
|
89.8
|
|
84.5
|
|
80.1
|
|
Natural Gas
|
|
6.8768
|
|
85.6
|
|
74.5
|
|
70.5
|
|
67.2
|
|
66.5
|
|
68.4
|
|
69.0
|
|
65.1
|
|
59.8
|
|
Refinery Products
|
|
28.0376
|
|
107.2
|
|
108.6
|
|
108.8
|
|
114.1
|
|
119.7
|
|
125.2
|
|
129.1
|
|
129.4
|
|
114.9
|
|
Fertilizers
|
|
2.6276
|
|
96.7
|
|
98.1
|
|
99.4
|
|
106.4
|
|
106.6
|
|
106.6
|
|
107.0
|
|
109.8
|
|
111.8
|
|
Steel
|
|
17.9166
|
|
107.9
|
|
115.8
|
|
121.7
|
|
120.2
|
|
133.1
|
|
140.5
|
|
147.7
|
|
152.6
|
|
138.1
|
|
Cement
|
|
5.3720
|
|
107.5
|
|
111.5
|
|
118.1
|
|
123.5
|
|
122.0
|
|
129.7
|
|
147.0
|
|
145.7
|
|
128.3
|
|
Electricity
|
|
19.8530
|
|
104.0
|
|
110.3
|
|
126.6
|
|
133.8
|
|
141.6
|
|
149.2
|
|
156.9
|
|
158.4
|
|
157.5
|
|
Overall Index
|
|
100.00
|
|
103.8
|
|
106.5
|
|
111.7
|
|
115.1
|
|
120.5
|
|
125.7
|
|
131.2
|
|
131.6
|
|
122.5Provisional
Growth Rates 
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
2018-19
|
|
2019-20
|
|
2020-21|
|
Coal
|
|
10.3335
|
|
3.2
|
|
1.0
|
|
8.0
|
|
4.8
|
|
3.2
|
|
2.6
|
|
7.4
|
|
-0.4
|
|
-4.8
|
|
Crude Oil
|
|
8.9833
|
|
-0.6
|
|
-0.2
|
|
-0.9
|
|
-1.4
|
|
-2.5
|
|
-0.9
|
|
-4.1
|
|
-5.9
|
|
-5.2
|
|
Natural Gas
|
|
6.8768
|
|
-14.4
|
|
-12.9
|
|
-5.3
|
|
-4.7
|
|
-1.0
|
|
2.9
|
|
0.8
|
|
-5.6
|
|
-8.2
|
|
Refinery Products
|
|
28.0376
|
|
7.2
|
|
1.4
|
|
0.2
|
|
4.9
|
|
4.9
|
|
4.6
|
|
3.1
|
|
0.2
|
|
-11.2
|
|
Fertilizers
|
|
2.6276
|
|
-3.3
|
|
1.5
|
|
1.3
|
|
7.0
|
|
0.2
|
|
0.03
|
|
0.3
|
|
2.7
|
|
1.8
|
|
Steel
|
|
17.9166
|
|
7.9
|
|
7.3
|
|
5.1
|
|
-1.3
|
|
10.7
|
|
5.6
|
|
5.1
|
|
3.4
|
|
-9.5
|
|
Cement
|
|
5.3720
|
|
7.5
|
|
3.7
|
|
5.9
|
|
4.6
|
|
-1.2
|
|
6.3
|
|
13.3
|
|
-0.9
|
|
-11.9
|
|
Electricity
|
|
19.8530
|
|
4.0
|
|
6.1
|
|
14.8
|
|
5.7
|
|
5.8
|
|
5.3
|
|
5.2
|
|
0.9
|
|
-0.6
|
|
Overall Growth
|
|
100.00
|
|
3.8
|
|
2.6
|
|
4.9
|
|
3.0
|
|
4.8
|
|
4.3
|
|
4.4
|
|
0.4
|
|
-7.0Provisional
Annexure II
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.00
|
|
Mar-20
|
|
209.7
|
|
85.0
|
|
60.1
|
|
135.3
|
|
98.3
|
|
133.2
|
|
129.8
|
|
146.9
|
|
134.0
|
|
Apr-20
|
|
103.7
|
|
80.2
|
|
53.3
|
|
94.2
|
|
85.0
|
|
26.9
|
|
22.5
|
|
125.6
|
|
81.2
|
|
May-20
|
|
109.4
|
|
82.0
|
|
57.2
|
|
102.0
|
|
113.4
|
|
96.4
|
|
117.3
|
|
150.6
|
|
107.7
|
|
Jun-20
|
|
104.3
|
|
79.6
|
|
58.1
|
|
110.6
|
|
114.6
|
|
122.3
|
|
137.8
|
|
156.2
|
|
116.3
|
|
Jul-20
|
|
100.3
|
|
83.0
|
|
61.2
|
|
114.5
|
|
119.4
|
|
141.9
|
|
126.8
|
|
166.3
|
|
122.5
|
|
Aug-20
|
|
98.2
|
|
81.2
|
|
61.0
|
|
105.9
|
|
120.8
|
|
150.7
|
|
109.1
|
|
162.7
|
|
119.7
|
|
Sep-20
|
|
105.6
|
|
78.3
|
|
57.5
|
|
106.3
|
|
113.5
|
|
149.9
|
|
126.8
|
|
166.4
|
|
121.4
|
|
Oct-20
|
|
122.4
|
|
80.9
|
|
60.6
|
|
111.5
|
|
122.8
|
|
158.4
|
|
141.3
|
|
162.2
|
|
126.7
|
|
Nov-20
|
|
137.9
|
|
78.3
|
|
58.4
|
|
126.5
|
|
118.5
|
|
156.0
|
|
132.1
|
|
144.8
|
|
127.7
|
|
Dec-20
|
|
156.2
|
|
80.5
|
|
60.8
|
|
126.9
|
|
117.0
|
|
170.9
|
|
147.8
|
|
157.9
|
|
136.1
|
|
Jan-21|
|
161.6
|
|
81.1
|
|
64.0
|
|
130.9
|
|
119.7
|
|
165.1
|
|
154.6
|
|
164.2
|
|
138.7
|
|
Feb-21|
|
163.6
|
|
73.2
|
|
57.7
|
|
114.8
|
|
103.9
|
|
154.9
|
|
151.7
|
|
153.9
|
|
128.8
|
|
Mar-21|
|
163.8
|
|
82.3
|
|
67.4
|
|
134.4
|
|
93.4
|
|
163.8
|
|
171.9
|
|
178.6
|
|
143.1Provisional
Growth Rates 
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Growth
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.00
|
|
Mar-20
|
|
4.0
|
|
-5.5
|
|
-15.1
|
|
-0.5
|
|
-11.9
|
|
-21.9
|
|
-25.1
|
|
-8.2
|
|
-8.6
|
|
Apr-20
|
|
-15.5
|
|
-6.4
|
|
-19.9
|
|
-24.2
|
|
-4.5
|
|
-82.8
|
|
-85.2
|
|
-22.9
|
|
-37.9
|
|
May-20
|
|
-14.0
|
|
-7.1
|
|
-16.8
|
|
-21.3
|
|
7.5
|
|
-40.4
|
|
-21.4
|
|
-14.8
|
|
-21.4
|
|
Jun-20
|
|
-15.5
|
|
-6.0
|
|
-12.0
|
|
-8.9
|
|
4.2
|
|
-23.2
|
|
-6.8
|
|
-10.0
|
|
-12.4
|
|
Jul-20
|
|
-5.7
|
|
-4.9
|
|
-10.2
|
|
-13.9
|
|
6.9
|
|
-6.5
|
|
-13.5
|
|
-2.4
|
|
-7.6
|
|
Aug-20
|
|
3.6
|
|
-6.3
|
|
-9.5
|
|
-19.1
|
|
7.3
|
|
0.5
|
|
-14.5
|
|
-1.8
|
|
-6.9
|
|
Sep-20
|
|
21.0
|
|
-6.0
|
|
-10.6
|
|
-9.5
|
|
-0.3
|
|
6.2
|
|
-3.4
|
|
4.8
|
|
0.6
|
|
Oct-20
|
|
11.7
|
|
-6.2
|
|
-8.6
|
|
-17.0
|
|
6.3
|
|
5.9
|
|
3.2
|
|
11.2
|
|
-0.5
|
|
Nov-20
|
|
3.3
|
|
-4.9
|
|
-9.3
|
|
-4.8
|
|
1.6
|
|
0.7
|
|
-7.3
|
|
3.5
|
|
-1.1
|
|
Dec-20
|
|
2.2
|
|
-3.6
|
|
-7.2
|
|
-2.8
|
|
-2.9
|
|
3.5
|
|
-7.2
|
|
5.1
|
|
0.4
|
|
Jan-21|
|
-1.9
|
|
-4.6
|
|
-2.0
|
|
-2.6
|
|
2.7
|
|
6.2
|
|
-5.8
|
|
5.5
|
|
0.9
|
|
Feb-21|
|
-4.4
|
|
-3.2
|
|
-1.0
|
|
-10.9
|
|
-3.7
|
|
1.3
|
|
-5.6
|
|
0.2
|
|
-3.8
|
|
Mar-21|
|
-21.9
|
|
-3.1
|
|
12.3
|
|
-0.7
|
|
-5.0
|
|
23.0
|
|
32.5
|
|
21.6
|
|
6.8Provisional
YB/SS
(Visitor Counter : 658